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eRevMax redefines rate shopping with RateTiger Managed Report Service

  • London, 04 June 2014

Introduces quality assured rate data to help hoteliers optimize price strategy

eRevMax, the leading hospitality technology & solutions provider of channel management and connectivity solutions, RateTiger and Connect, has launched its new Managed Reports Service – offering high quality market intelligence data for informed pricing decisions. Managed Reports seamlessly integrates rate data from over 42000 hotel sites and around 100 travel sites into a ready-to-use report format empowering hotel’s pricing decisions with key market insights for translating into positive business outcomes.

Delivered at pre-scheduled times and intervals, Managed Reports removes dependency of logging into a system and helps hoteliers easily analyze pricing strategies for optimal utilization of rate elasticity to sell more rooms. The data goes through a strict Quality Assurance (QA) process for maximum accuracy, thereby offering hotels full transparency to plan and forecast with greater precision through historical and future rate analysis.

“For hotels, understanding the market place becomes crucial to implementing a balanced pricing strategy to manage and maximize revenue in real-time. Managed Reports will help them evaluate pricing strategies for their properties and that of competitors and turn that insight into bottom-line results based upon actionable business intelligence. With the Managed Reports pricing being based upon qualified data-points, hoteliers’ only pay for the reports they need."

said Vishal Arora,

VP - Product Management, eRevMax

Managed Reports are available in an array of formats (XML, Excel) & reporting periodicities including:

Daily Reports – Generated and sent daily or on your chosen days of the week - Daily Reports cover 30, 60 or 90 days of future rate data. The maximum limit can go up to 360 days.

Weekly Reports – Generated and sent on your chosen day of the week - Weekly Reports cover 60, 90 or 180 days of future rate data. The maximum limit can go up to 360 days.

Monthly Reports – Generated and sent on your chosen day/date of the month – Monthly Reports cover up to 360 days of future rate data.

Managed Reports service is ready for hoteliers to leverage - more details can be found here.

About eRevMax:

eRevMax provides next generation online distribution & business intelligence solutions to the hospitality industry. The company’s new offering – LIVE, a responsive web platform, incorporates the RateTiger and Connect products, thus offering detailed competitor intelligence, comprehensive business performance analytics and reliable channel management capability through secure XML connections. Incorporated in 2001, eRevMax helps over 20,000 hoteliers worldwide to increase revenue, streamline business processes and reduce booking acquisition cost.

For more details, please visit http://www.erevmax.com/ or contact us on marketing@erevmax.com.

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Customer Speaks

"Yield managers are becoming increasingly important to maintain our place in the market but also to ensure our resellers have accurate information. More of our wholesalers are requiring us to manage rates online. Through RTChannelmanager Pro this process has saved valuable time. We have introduced more dynamic promotions and can now give attention to social media campaigns,” -

Isabelle Descombes,

Electronic Distribution Manager, Chateau Versailles, Canada.

“Implementing a channel management system was essential and has proved to be money well spent! We have achieved better market transparency while simultaneously saving time. Additionally, we could boost different roomtype category sales to further increase our revenue. The result is a significant growth in turnover alongside a saving on process costs!” -

Markus Barth,

Regional Director & Hotel Director, RAMADA Überseehotel Bremen, Germany

“We generate almost 18 % of our bookings through the internet. RateTiger helps a lot, we save time updating our rates and allotments, which help us reach our sales targets. We are able to manage products by length of stay applying the relevant rates across 9 websites – so it is incredibly practical,” -

Kenan Kiziltepe,

Dedeman Istanbul, Revenue Manager, Dedeman Istanbul, Turkey

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